fooferdoggie
Well-Known Member
I can't post the link because of the WSJ paywall, but:
"Sources say the $1.2 billion deal will buy out Merida's shares of Specialized, then combine the two bicycle corporations through a stock swap. The new entity, tentatively named "Spekulum" will be, by far, the largest seller of quality bicycles in the United States, and is expected to make both brands much stronger competitors internationally."
"Sources say the $1.2 billion deal will buy out Merida's shares of Specialized, then combine the two bicycle corporations through a stock swap. The new entity, tentatively named "Spekulum" will be, by far, the largest seller of quality bicycles in the United States, and is expected to make both brands much stronger competitors internationally."